Tag Archive: RBI

New Delhi: Former Reserve Bank of India Governor Y V Reddy has written in his autobiography that he once contemplated resignation and had to even offer an unconditional apology to then Finance Minister P Chidambaram. In ‘Advice and Dissent: My Life…Read more

New Delhi: Seeking to capitalise on the stock market rally, fraudsters are flooding gullible investors with unsolicited offers promising huge gains, prompting regulator Sebi to consider a closer coordination with banking and telecom regulators to check this menace. These offers are…Read more

Mumbai: The Reserve Bank has expanded the oversight committee by appointing three more members to the high-level panel that will vet the process to resolve mounting bad loans bogging down the banking sector. Former chief vigilance commissioner Pradeep Kumar will…Read more

Mumbai: The RBI today asked banks to provide “adequate details” of transactions in the passbooks and statements of accounts so that customers can cross-check them. Earlier, the Reserve Bank had advised them to avoid inscrutable entries in passbooks/statements of account…Read more